Dec 4, 2012 4:30pm PST
marcus more to lose. steve posavak with us from vanderbilt university. >> susie: u.s. oil production hit a 15-year high in september. the up-tick is thanks to the controversial drilling method known as fracking. average daily production reached 6.5 million barrels a day. that's almost one million barrels more than a year ago. if that momentum continues, the u.s. might deliver on that prediction last month from the international energy agency, calling for the u.s. to surpass saudi arabia as the world's largest oil producer by 2020. here's one good thing to come from the destruction of hurricane sandy-- verizon customers will be getting faster, and more, telecom services. the company said today it is replacing damaged copper wires with fiber optic cable. that upgrade from older, slower copper allows verizon to offer more digital services, including bundling phone, internet and cable tv. and it means an increase in revenues for verizon. tom, that was the message from verizon's c.e.o., speaking at an investor conference today. but it didn't do much for the stock. verizon shares fell, like ma
Dec 7, 2012 4:30pm PST
to a four year low as u.s. businesses add 146,000 jobs in november. we look behind the numbers. >> tom: i'm tom hudson. we meet the c.e.o.'s of three small businesses hiring right now. what they do and why they're looking for help. >> susie: and house speaker boehner accuses president obama of wasting another week in the fiscal cliff negotiations. >> tom: that and more tonight on "n.b.r."! >> susie: the job market is proving to be surprisingly resilient. american employers hired 146,000 workers in november, much more than expected. and the unemployment rate fell to 7.7%, the lowest level since december of 2008. as erika miller reports, that wasn't the only surprise in today's report. >> reporter: almost no one on wall street saw this good news coming. there was every reason to think hiring would be weak last month. after all, many parts of the east coast are still recovering from devastation caused by superstorm sandy. >> i think the most likely explanation here is sandy's impact was significant but was so short-lived that it didn't extend to the sample period of the employment report whi
Dec 7, 2012 7:00pm PST
is going up to space and how the economy's going and the fact that people want to be here in the u.s. we've also found growth through process and our process takes what i call collaborative work forces methodology in a training program that allows them to accomplish great things. >> tell me just a little bit about this process. >> we hire typically high school graduates. and we bring them in and we assess their skills and their training and what they have to offer. we put them through a training program to train them towards a task or particular set of tasks. >> 100 nerves in 100 days. where did you get to the point where you were on this nerd drive. how did you get here and how is the drive going. >> we started in november with 100 nerds and 100 day modeled after a pbs member drive. and the deal is that if you were known to us and you get an interview we send you a hundred bucks. if we end up hiring the person we send you another 400 bucks and we're trying to get to a hundred nerds in as many days. i think right now we've had about 900 applications submitted and we've hired 189 people.